Saturday, September 24, 2011

The deficit reduction committee sounds much like the Base Closure Committee system that we used many years ago.
Under the BRC, California took most of the hits in job losses, while many of the red states weren’t hit to any significant degree.
Check out the numbers that show how many dollars each state sends to Washington and how many dollars they get back. California loses heavily in the transfer of wealth. Again, the red states usually come out ahead. The deficit reduction plan should take into account this anomaly.

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